Search
Nigeria Detains Binance Executives Amid Crackdown on Crypto
The government of Nigeria has detained two senior executives from the cryptocurrency exchange Binance. This move comes as the country seeks to rein in speculation on the naira currency. The arrests come amid a broader crackdown on crypto trading platforms in Africa's most populous nation, according to the Financial Times. Key Points: Executives flew to......
U.S. NIST Flags Vulnerability for Binance Trust Wallet iOS App
A serious security vulnerability has been discovered in the iOS version of the Binance Trust Wallet. The flaw allowed attackers to generate wallet passwords and steal user funds, according to a notice in the U.S. National Institute of Standards and Technology's (NIST) vulnerability database. Trust Wallet iOS app contained a flaw enabling password guesses for......
Binance Founder CZ’s Criminal Sentencing Postponed Until April
The sentencing of Changpeng Zhao, founder of crypto exchange Binance, on money laundering charges has been pushed back two months to April 30th, according to a court notice filed Monday. No specific reason was provided for the delay. Zhao, better known by his initials "CZ," pleaded guilty last November to violating U.S. anti-money laundering laws.......
Binance to Delist Monero, XMR Nosedives 30%
Leading cryptocurrency exchange Binance announced recently that it will delist privacy-oriented coin Monero (XMR) on February 20. Binance has become the latest platform to dump the anonymity-focused asset amidst growing global compliance crackdowns. Key details on Binance axing XMR support: As of Feb. 20, Binance will delist all XMR trading pairs with BTC, ETH, and......
Binance Addresses Privacy Concerns Over Alleged KYC Document Leak
Cryptocurrency exchange Binance moved swiftly to dismiss privacy fears over the weekend after reports surfaced that extensive customer KYC documents were being freely distributed through hacker channels on the dark web and GitHub. The exchange says it investigated but found no evidence that any internal systems were breached. Key details: Crypto sleuths flagged alleged leaks......
Binance Freezes $4.2M of Ripple Hack Proceeds, Aids Investigation
Cryptocurrency exchange Binance has helped secure over $4.2 million worth of XRP tied to the recent hack of Ripple co-founder Chris Larsen's personal crypto accounts. The exchange also stated they are supporting law enforcement's ongoing investigation. Highlights: Binance CEO says the team has frozen $4.2 million of XRP stolen in the Ripple hack. Hack drained......
Binance Struggles to Re-enter UK Crypto Market Amid Regulatory Pushback
Binance, the world's largest cryptocurrency exchange, is facing significant obstacles in its efforts to re-establish operations in the UK market. The struggles are primarily due to continued regulatory reluctance to engage with the platform. Key points: Binance is seeking UK partners for communications under new crypto rules; at least 3 have declined. Rejections come after......
73% of Europeans Optimistic About Crypto: Binance
A recent survey by crypto exchange Binance reveals the widening integration of cryptocurrencies into European finance and society. The report shows that over half of respondents utilize them for routine purchases. Key Findings: 73% are optimistic about crypto's future prospects in Europe. 55% use cryptos for regular daily transactions. 10% make weekly crypto payments. While......
Cristiano Ronaldo Hosts NFT Holders for Friendly Match Amid Binance Lawsuit
Soccer legend Cristiano Ronaldo recently hosted several NFT holders for a friendly match. Through his collaboration with cryptocurrency exchange Binance to offer exclusive access, the most recent video from Binance delivers on its promises. This latest video comes at a time when he is facing an ongoing lawsuit in Florida alleging illegal promotion of securities.......
Binance Founder CZ Denied Travel to UAE Despite $4.5B Equity as Security Offering
Changpeng Zhao, aka CZ, founder of cryptocurrency exchange Binance, was denied permission to travel to the United Arab Emirates last month. The judge denied the request despite offering to put up his roughly $4.5 billion stake in the company as security. The details were revealed in newly released court filings related to CZ's November guilty......
